About PAMPTRUST IS PRECIOUS

Business Overview

PAMP is the world’s leading bullion brand, with dominant positions in the world’s major precious metals markets. Established in 1977 and based in Ticino, Switzerland, PAMP operates a state-of-the-art precious metals refinery and fabrication facility.

Physical production and logistics capabilities include:

A complete range of precious metals bars, of all shapes, weights, purities and sizes (Gold, Silver and Platinum Group Metals (PGM)

Semi-finished precious metals products such as wire, plate, strip, and rods for the watch and jewellery industries

Development and production of proprietary, syndicated and customised commemorative coin and medal programs

Refining of both primary and secondary precious metals-bearing material to the highest purity standards

Allocated and Unallocated storage facilities for major customers

Bullion Module: Implementation and support of a full IT solution for the automated retailing of PAMP’s complete product range, in particular, bullion

PAMP is an integral part of the MKS PAMP GROUP and, as such, operates closely with MKS (Switzerland) S.A., a leading, global precious metals and financial services company based in Geneva. With more than 50-years of trading expertise to support it, MKS (Switzerland) S.A. covers all financial and trading aspects of precious metals primarily for institutional investors. The MKS PAMP GROUP’s global reach, vertical integration and market specialisation enable it to service its clients with unparalleled market-flow information.

Services include:

24/24 Precious Metals Pricing

Physical Trading

Unallocated Margin Trading

Location and Purity Swaps

Options and Hedging Strategies

Web-Based Trading Application (WTA)

Web-Based Tracking and Reporting Systems

Detailed Daily Market Reports

The MKS PAMP GROUP has a diverse client base that spans the full spectrum of precious metals markets:

Central Banks

Retail & Commercial Banks

Government Mints

Mining Companies

Jewellery & Watch Manufacturers

Jewellery Wholesalers

Asset Management & Trading Companies

CTAs and Private Investors

Bullion Retailers

Direct Marketers

National Postal Authorities

Thus, the MKS PAMP GROUP enjoys a unique position within precious metals markets via its broad array of services and expertise:

Creates value with unique turnkey solutions

A strong and stable partner through the most challenging market conditions

Possesses a unique market intelligence deriving from its global network

Highly specialised with a long term commitment to the precious metals industry

PAMP Innovations

Throughout its history, PAMP has led the industry forward by introducing many breakthrough products and services. Indeed, many PAMP innovations have become industry best practices.

As a result of those efforts PAMP has maintained a market share in excess of 50% of gold bars weighing 100-grams or less over the past two decades.

PAMP’s design innovations include:

First precious metals fabricator to decorate the reverse of its small bars: PAMP’s Lady Fortuna is today the world’s most famous ingot motif

First to offer bales (or hangers) for pendant wear

First to introduce sealed packaging for small bars: Acting as both an airtight environment to protect the bar within, and as a signed certificate of authenticity, CertiPAMP™ packaging is a guarantee of genuine PAMP bars and quality excellence

CertiPAMP™ was the first packaging available to industry clients for custom-design

First to develop engineering for the colorisation of bars and pendants

Security innovations

PAMP originally set industry best practice for bar security with its patented process for incorporating holographic features within precious metals, as an anti-counterfeit measure

Good Delivery accreditation is the standard for precious metals. It measures product standards as well as industry and market practices. Recognising only the most reputable assayers and refiners, nothing less is acceptable.

PAMP S.A. is supervised by the FINMA for compliance with Swiss Money Laundering Legislation

PAMP Sustainability

PAMP, from its inception, has strived to maintain harmonious relationships with its surrounding environment, regional communities and with the world-at-large. PAMP honours this commitment by not only meeting regulatory requirements, but also by routinely exceeding them.

Disciplined and responsibly managed, all factory processes perform to the exacting standards of Swiss environmental regulations, among the most stringent in the world.

The majority of PAMP's energy needs are covered by clean energy from renewable sources. Since 2016, the company's electricity supply has come from Swiss hydropower. In 2018, PAMP announced its purchase of more than 7 million kWh of hydropower per year from Swiss hydropower plants through 2020. The measure is part of the company's broader strategy of increasing energy efficiency while reducing environmental impact.

PAMP actively supports and leads the industry’s ethical advancement. The Responsible Jewellery Council (RJC) has certified PAMP as meeting the ethical, human rights, social and environmental standards as established by the RJC’s Certification System.

Standards Definition and Implementation Initiatives

As a vital company within the MKS PAMP GROUP, PAMP plays a leading role in the formulation and implementation of responsible precious metals supply chain practices throughout the industry.

PAMP has consistently made accountability to its position within the precious metals supply chain a top priority. Routinely exceeding industry and government regulations, PAMP rigorously monitors its suppliers, regardless of industrial purpose, to ensure that each supplier meets stringent criteria of impeccable ethics and business practices, including financial conduct, safety of employees within the workplace or in the field, and minimizing its impact on the environment. In the case of Artisanal and Small scale Mining (ASM), PAMP takes the extra step to support mines with limited resources and willing to progress towards an improved social and environmental impact. That PAMP undertakes such measures is evidence not only of its commitment to upholding its global reputation, but also, and most significantly, because doing so is the right thing to do. And it is for those reasons that regulatory bodies worldwide consistently seek the expertise of PAMP, above all others, when implementing and maintaining regulatory statutes.

PAMP has played a leading role in the definition of the various standards developed for its industry as well as for upstream and downstream industries. Namely, PAMP played a major role in the formulation of:

World Gold Council (WGC) Conflict-Free Gold Standard published in 2012

Responsible Jewelry Council (RJC) Chain-of-Custody Standard published in March 2012, for which PAMP received certification in March 2015

PAMP is also committed to the implementation of responsible supply of precious metals practices through its leading role in a number of implementation initiatives:

OECD Guidance : PAMP is an active member of the Multi Stakeholders Steering Group for the implementation of OECD Due Diligence Guidance as well as different working groups established by the OECD Secretariat to facilitate the implementation of the Guidance

LBMA : PAMP plays a leading role in the evolution of the Responsible Gold Guidance as well as the development of best practices for its implementation

Swiss Better Gold Association (SBGA) : PAMP co-founded this association in April 2013 and actively supports its goal to provide Artisanal Small and Medium Scale Miners (ASMM) better working conditions, as well as more effective and improved environmental policies

Public & Private Alliance for Responsible Mineral Trade (PPA) : PAMP joined the PPA in 2013. PAMP plays a definitive role in the transference of PPA successes in other minerals to conflict free, legitimate and responsible gold trade with the Democratic Republic of Congo

Group Policy and Compliance

Along with many principal international accreditations, PAMP’s prestigious status as an Ordinary Member of the LBMA is further evidence of its long-term commitment to full compliance with ethics regulations and guidelines required within the industry worldwide.

In 2015 the LBMA awarded PAMP the Responsible Gold Certificate, making PAMP the first refinery to pass the stringent auditing process. The audit and certification are the result of the LMBA's Responsible Gold Guidance initiative, implemented to avoid contributing to conflict, human rights abuses, terrorist financing practices, and in order to comply with high standards of anti-money laundering.

PAMP was the first Swiss Refinery to pass the LBMA Responsible Gold Audit. Both the PAMP Independent Reasonable Assurance Report and the PAMP LBMA Compliance Report, are available for download by clicking on the following links: